Letter of Exclusivity

This Letter of Exclusivity template is a vital document in mergers and acquisitions (M&A) transactions. Its primary purpose is to establish a period during which the Seller agrees not to engage in negotiations with any third parties regarding the sale of their business or assets. This exclusivity period allows the Buyer to conduct due diligence and negotiate the terms of the acquisition without the risk of the Seller entertaining competing offers. By clearly defining the obligations and expectations of both parties, this template helps to facilitate a smoother and more focused negotiation process, ultimately aiming to protect the interests of the Buyer while providing a structured framework for the proposed acquisition. This ensures that the Buyer can thoroughly evaluate the business and assets without the distraction of competing bids, leading to a more efficient and secure transaction. 

Publisher’s Notice:

Note: This publication does not necessarily deal with every important topic, nor cover every aspect of the topics with which it deals. Templates do not include or provide legal or other advice to users. They are designed to provide a head-start to the development of a commercial agreement and are not the finished article. They require careful reading, analysis and customisation in order to meet the particular needs of the parties to the document. 

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